Predictions – Peter Schiff, Marc Faber, James O’Shaughnessy

Peter Schiff is a big believer in the gold bull market turning into a bubble. Asked to pick a stock trading under $10, Schiff recommended Northgate Minerals. Schiff was also bullish on the prospects of agribusiness company Syngenta AG.

James O’Shaughnessy has reached the conclusion that stock market returns over the past 10 years have been extremely poor so over the next 10 years they should do OK. He is very positive on the prospects of the financial companies.

Marc Faber, who has been one of the few voices of reason over the past year, feels the current rebound is a good opportunity to sell financials despite the desperate and pathetic attempts of the fed and government to prop them up.

Disclaimer: It is very difficult to outperform a buy and hold strategy. Many investors have found themselves best served over long time horizons by investing regularly in a diversified portfolio of stocks or low cost, broadly diversified indexed stock funds. Information presented is based on analysis of past data and assessments by the Tactical Timing System model. Future performance may not reflect past performance. Profitable trades are not guaranteed. No system or methodology ensures stock market profits. Although accuracy is strived for, no guarantee is made regarding the accuracy of data presented. Nothing presented here should be considered investment advice, but merely the humble opinion of the author.